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Abstract
This research aims to assess the performance and success factors of established EPZs
in SAARC countries. The study period ranges between 2012 and 2022 based on an
annual frequency balanced panel data of Bangladesh, India, Pakistan, and Sri Lanka,
and the panel fixed-effect OLS analysis was used for hypothesis testing using
EViews. The results showed that the natural logarithm of external debt has a
positively significant effect on export performance. Ease of doing business has a
positively significant effect on export performance. Law and Order and securityhave
a positively significant effect on export performance.The natural logarithm of
economic growth has a negatively insignificant effect on export performance. Trade
openness has a negatively significant effect on export performance.The simplification
of business regulations and the reduction in bureaucratic procedures of all kinds help
in encouraging domestic and foreign investments to flow easily to countries that have
export-oriented industries. Furthermore, great emphasis should be placed on
incorporating elaborate systems of security for the physical setting to carry out
activities as well as to protect investors’ confidence.
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